Unemployment has fallen to its lowest level on record as the hard work of business and workers along with the Government’s actions to support the economy during the Delta outbreak resulted in more people in work and higher wages.
An income insurance scheme will better protect workers and incomes, increase the availability of skilled workers and help communities and industries during economic shocks and transitions.
The OECD’s 2022 Economic Survey for New Zealand has recognised the Government’s response to the Covid-19 pandemic, noting that the country has one of the lowest mortality rates in the world while the economy has proved strong and resilient.
The Government’s financial accounts continue to reflect a resilient economy that has performed better than expected and puts the country in a strong position to respond to Omicron.
The resilience of the economy in the face of the impact of the Delta outbreak was reflected in today’s GDP figures and reinforces the Government’s actions to support businesses and workers to secure the recovery.
Budget 2022 will include a focus on the Government’s health reforms and investing in initiatives to reduce emissions and met our climate goals.
The Government’s books are forecast to be back in surplus sooner than expected as economic and fiscal outlooks improve.
The Transition Payment that is available for affected businesses to support their move to the COVID-19 Protection Framework has opened for applications this morning.
David McLean has been appointed as Chair of KiwiRail Holdings Ltd, the Minister for State Owned Enterprises Dr David Clark and Minister of Finance Grant Robertson announced today.
The Government’s financial accounts continue to reflect an economy that has performed better than expected, despite the latest Delta COVID-19 outbreak.
A new transition payment will be made available particularly for affected businesses in Auckland, Waikato and Northland to acknowledge the restrictions they have faced under the higher Alert Le
The Government plans to issue sovereign Green Bonds from next year to help raise finance for New Zealand’s low carbon transition.
Unemployment has fallen to its lowest level on record and matching where it was in December 2007, as the Government’s actions to support the economy during the pandemic resulted in higher wages and more people in work.
The first Government financial results for the new financial year show the continued strength of the New Zealand economy, despite the challenges of COVID-19.
A new framework will align investment decisions by the Crown Financial Institutions (CFIs) to reflect the Government’s goal of a carbon neutral New Zealand by 2050.
APEC finance ministers will continue to work together to respond to the effects of COVID-19 and ensure a sustainable and inclusive recovery while capitalising on the opportunity to build a more resilient future.
The Government will boost payments to businesses affected by higher alert levels as the country transitions to the new COVID-19 Protection Framework.
The end of year audited Crown accounts released today show the Government’s health led approach to the COVID-19 pandemic has protected New Zealand’s economy.
The third round of the Resurgence Support Payment opened for applications this morning.
The Government has released the draft legislation outlining the details of the policy limiting the deductibility of interest costs on residential property investments.
The economy showed strong momentum in the period leading up to the recent Delta COVID-19 outbreak, which bodes well for a solid economic rebound, Grant Robertson said.
Today’s decision to keep Auckland in a higher COVID Alert Level triggers a third round of the Wage Subsidy Scheme which will open for applications at 9am this Friday.
Businesses affected by higher Alert Levels will be able to apply for further Resurgence Support Payments (RSP).